Global economic events, commodity price inflation and strong farmgate prices have helped Powys-based agricultural supplies group Wynnstay to post "exceptional" revenues and profits.
Recording its financial results for 2022, the Alternative Investment Market group said growth and efficiency initiatives and farmer confidence, underpinned by strong farmgate prices across most sectors, helped its strong trading performance.
The business also made substantial one-off gains in its fertiliser activity driven by macroeconomic events, which it does not expect to repeat in the new financial year.
